About This Home

Beautifully remodeled and ideally located in Central Austin, this 3-bedroom, 3-full-bath residence is the ultimate lock-and-leave investment opportunity. The updated kitchen anchors an open, light-filled living space, while rich hardwood floors run throughout the main level. Thoughtfully finished from top to bottom, this move-in-ready unit offers effortless low-maintenance living in a highly sought-after central location — minutes from shopping, dining, and everyday convenience. Whether you're seeking a turnkey rental, a pied-à-terre, or a smart addition to your portfolio, this is an investment opportunity not to be missed. This unit has been owner-occupied and meticulously maintained.

At $387/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,663 active listings. View Austin market report →

Location

3200 Maywood Ave, Austin, TX 78703

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Property Details

Price $719,000

Status Active Listing

Beds 3

Full Baths 3

Half Baths ,

Living Area 1,860 sqft

Lot Size ,

Year Built 1968

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Scenic Place Condo Amd.

County Travis

Zip Code 78703

$/sqft $387/sqft

Days on Market ,

HOA $485/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT210283522

List Date November 21, 2025

Elementary School Casis

Middle School O Henry

High School Austin

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · November 21, 2025 $999,000

Previous ask $745,000

Current ask $719,000

▼ Reduced $280,000 (-28.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

3200 Maywood Ave #A
Scenic Place Condo Amd $690,000 $400 3 bd / 3 ba 1,725 sqft , 2026-02-19

3201 Pecos St #1
Scenic Place Condo Amd $665,000 $470 3 bd / 2 ba 1,415 sqft , 2026-03-13

2901 W 45th St
Highland Park $625,000 $493 2 bd / 1 ba 1,269 sqft , 2023-11-06

4412 Authentic Dr #206
The Grove $869,000 $399 4 bd / 4 ba 2,178 sqft , 2026-06-24

3905 Vantage Dr
The Grove $875,000 $408 4 bd / 4 ba 2,144 sqft , 2026-03-03

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$3,451/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$143,800

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$3,451

Principal + Interest−$3,924

Property Tax (~2.1% TX avg)−$1,258

Insurance (~0.5%)−$300

Est. Monthly Cash Flow $-2,031

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E

Apple Campus (Domain) 20-30 min N

Google / Meta / Indeed 10-15 min downtown

Dell Medical School / UT Austin 10-20 min

Samsung Austin Semiconductor 25 min N

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 10, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

3200 Maywood Ave